How do I protect myself when selling my car privately?
Watch out for scammers Insist on all their key contact details and don’t leave them alone when they come to view or collect your car. Do not give out your bank details until you are assured your seller is genuine. Never let anyone pressure you into a quick sale, even if they offer a tempting price. Scammers often try to create a sense of urgency. They might say things like, “Other potential buyers are waiting,” or, “You need to send the payment today to hold the car. They may ask you to send money through a wire transfer or to pay with non-secure methods that offer no protection if something goes wrong.
What is the best way to accept payment for a car on Craigslist?
What is the best way to accept payment for a car on Craigslist? Cash transactions at a bank or secure location are recommended. For larger amounts, consider cashier’s checks verified at the issuing bank. Document all payments received and provide detailed receipts. Should I accept a bank transfer when selling my car? Ideally, yes. This is the more secure method compared to cash or cheque. In many cases, the funds appear relatively fast so you could hypothetically request the transfer and not release the keys until you see the money in your account.